Bitcoin, Ethereum Technical Analysis: ETH Lower, as USD Gains Following Strong Q3 Earnings

Bitcoin.com | Oct 19, 2022 at 3:08 PM
  • Ethereum was back below the $1,300 level on Wednesday, as the U.S. dollar rose following better than expected quarterly earnings.
  • Wednesday’s drop sees the token move closer to a breakout below $19,000.
  • As can be seen from the chart, today’s decline in ETH comes as the 14-day RSI continued to fall from its own ceiling of 46.80.